Brent crude oil prices fell sharply to their lowest level since 2021, following data that showed a significant increase in US crude inventories Brent crude oil prices fell sharply to their lowest ...

KUALA LUMPUR: BMI, a unit of Fitch Solutions, has maintained its 2025 forecast for Brent crude at an average of US$76 per barrel (bbl), slightly lower than the average of US$80/bbl in 2024.

Brent Crude prices are experiencing volatility due to conflicting factors: increased US crude inventories but decreased fuel supplies, new US sanctions on Iran, and potential US tariffs.

There are also no plans to cut down on the excise duties on the fuel. Brent crude futures reached an intraday high of USD 80.18 a barrel before receding to USD 79.67 at 1326 GMT. Crude is on the boil.

U.S.-based West Texas Intermediate is factored into the price of Brent crude contracts for the first time Lyle spent most of the past two decades in a variety of product, communication and ...

Brent crude futures rose 16 cents, or 0.2 per cent, to $72.16 a barrel. US West Texas Intermediate (WTI) crude futures rose 21 cents, or 0.3 per cent, to $68.28. On a weekly basis, Brent crude oil ...